Friday / Weekend Open Lines


Friday, June 17th. America’s first accident insurance company was chartered on this date in 1863 in Hartford, Connecticut. It was the Travelers Insurance Company — still with us today as the Travelers Companies — and its first policies insured against loss during periods of travel only. In 1864, the charter was amended to cover all manner of accidents. The first such rider, sealed with a handshake, was to insure James Bolter of Hartford for $5,000 against accidents on his walk between his home and the post office. The premium for this coverage was two cents. Premiums have risen considerably since Mr. Bolter put in his two cents. The 175,000 insurance carriers in the U.S. have annual business revenues in excess of $1.9 trillion. You can find more facts about America from the U.S. Census Bureau online at <www.census.gov>.

Saturday, June 18th. The first Chinese student to graduate from an American college was Yung Wing, a naturalized American who received his Bachelor of Arts degree from Yale University in New Haven, Connecticut this month in 1854. That year, some 16,000 Chinese immigrants arrived in California, though ensuing restrictions greatly reduced the annual arrivals for decades thereafter. Today, there are almost 3.8 million Americans of Chinese descent, and they are no longer a rarity on college campuses. Over 48 percent of school age Chinese-Americans are enrolled in college or graduate school, while 26 percent of adults have graduate or professional degrees. You can find more facts about America’s people, places and economy, from the American Community Survey, at <www.census.gov>.

Sunday, June 19th. This is one of the nation’s favorite days — Father’s Day. Aside from the usual observance, with cards, a gift, or dinner at his favorite restaurant, it’s a day to say thanks to the dads, stepfathers, grandfathers, and other father figures for all they’ve done to help raise the following generation. The occasion dates back to 1910, when Sonora Dodd of Spokane, Washington wanted to honor her father, who raised six children by himself after his wife died. The idea caught on and spread across the country but didn’t become official until 1966.  Thirty-four million men are the fathers in households with natural, step or adopted children of any age. Nearly 25 million of them are part of married couple families with children younger than 18. You can find more facts about America’s people, places and economy, from the American Community Survey, at <www.census.gov>.